article thumbnail

Why contractor pricing misconduct seems to endure perpetually

Federal News Network

The company is under Justice Department investigations for defective pricing, foreign bribery and violations of the Arms Export Control Act. government acquires it for purposes of exporting. Not some fly-by-night, but rather the legacy contractor Raytheon. My next guest says these problems aren’t isolated to Raytheon.

Price 59
article thumbnail

ProcureWare Product Tip – Top 10 new features for 2017

Procureware

While the initial release allowed users to export report results into Excel or PDF, the format was basically a list and omitted charts and graphs. Typically, it includes basic information: what was purchased, how much did it cost, when does the contract expire, and who holds the contract.

Bidder 40
article thumbnail

Government Contracts Issues for a Recession

Procurement Notes

Additionally, generally, the reasonable costs of preparing, submitting, and negotiating an REA are contract administration costs, and consequently are also recoverable. 85] “The four components of gross domestic product are personal consumption, business investment, government spending, and net exports.” total debt at $97.7